WASHINGTON More people sought unemployment benefits last week, suggesting that the job market’s recovery remains slow.
Weekly unemployment benefit applications jumped 13,000 to a seasonally adjusted 380,000, the Labor Department said Thursday. The four-week average, a less volatile gauge, rose to 368,500.
The increase likely reflects some seasonal volatility because applications for unemployment aid frequently rise around the Easter holiday.
The economy has added an average of 212,000 jobs per month in the January-March quarter, well ahead of last year’s pace.
Read tomorrow's Arkansas Democrat-Gazette for full details.
Thank you for coming to the website of the Arkansas Democrat-Gazette. We're working to keep you informed with the latest breaking news.